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Fuel Pricing in India

We answer some of the most frequently asked questions about fuel prices and how the cost of a liter of fuel is made up.

Effective date - 01 Sep 2025

These prices are for indicative purposes only and may not reflect most recent price changes. Please check at your nearest shell outlet for up-to-date pricing information.

Pump Prices (INR/LTR)

City

Diesel

Vpower Diesel

Unleaded Petrol

Vpower Petrol

AHMEDABAD

90.66

100.66

110.98

120.9

RAJKOT

90.45

100.45

98.27

108.27

SURAT

90.55

100.55

97.36

107.36

VADODARA

90.31

100.31

101.05

111.05

PUNE

90.84

100.84

107.31

117.31

BANGALORE

91.49

101.49

106.41

116.41

MYSORE

91.13

101.13

105.95

115.95

CHENNAI

92.64

102.64

117.77

127.27

BELGAUM

91.66

101.66

106.73

116.73

MANGALORE

90.46

100.46

106.1

116.1

HUBLI

91.61

101.61

106.7

116.7

MUMBAI

90.52

100.52

116.36

123.68

JAMNAGAR

90.36

100.36

98.45

108.45

BHUJ

90.8

100.8

99.52

109.02

BHAVNAGAR

92.04

102.04

100.05

110.05

BHARUCH

90.99

100.99

98.85

108.85

NASHIK

91.75

101.75

111.65

121.65

Notes:

*Prices might vary from site to site in the same city

“Shell India prices the fuels on the basis of the International crude oil prices. Hence the prices are subject to changes. These prices are effective from 01st Sep 2025"

Frequently asked questions specifically about fuel prices in India

What is the retail price of fuel made up of?

The price of fuel at the retail station comprises the product cost, central government excise and taxes, State government taxes and operating costs and margin.

Who controls pump prices In India?

Petrol & Diesel prices have been deregulated by Indian Government in June 2010 and Oct 2014, respectively

For Shell, the pricing decision is influenced by a number of factors including:

  • cost of bringing the fuel to the retail site (product and distribution costs)
  • cost of running the service station (e.g. salaries, rent, utilities)

Why have fuel prices increased compared to previous years?

The cost of crude oil and refined product have risen and therefore fuel prices have increased. The cost of crude oil and refined product are influenced by a number of factors, such as increasing oil demand, limits in refining capacity, seasonal demand for product and extreme weather events that have affected refineries or fuel supplies.

Why do fuel prices vary in different countries?

The price of fuel in different countries is affected by:

  • Cost of buying finished product in the country (country supplies usually cheaper than importing product)
  • Government excise and tax rates
  • Government subsidies for fuel
  • Currency fluctuations

How does the US exchange rate affect fuel prices in my country?

Since the world's major crude oil market is generally traded in US dollars, any variation between a country's exchange rate and the US dollar will impact the cost of buying crude oil in that country.

Why doesn't Shell use its profits to subsidise fuel prices?

Higher crude prices have contributed to company revenues, but oil industry profit margins have been in line with those of other industries.

Furthermore, energy companies need to continually invest billions of dollars each year, over the long term, to safeguard the future of their business and to ensure a sustainable energy supply for consumers. Producing crude oil involves long-term and high-risk projects requiring billions of dollars investment over 20-30 years (developing a single new oil field can cost over $1 billion). Higher profits in some periods help safeguard investments when oil prices, and hence profits, are lower at other times.

Can Shell use its influence to bring down the price of crude oil?

No. Shell only produces around 3% of the world's oil. The majority of the crude oil that is used in our refineries to make finished fuel products is bought on the open market. The price of crude oil is influenced primarily by:

  • Increasing oil demand
  • Limits in refining capacity
  • Currency fluctuations
  • Market speculation